1、Insights on Car Purchase(Energy Consumption)/Geely Auto Competitive Analysis(2025)TengYi Research InstituteCan Geely Fully Take on BYD?AuthorsDirector/Chief AIndustry AIndustry ALijun ZhouYing GaoBenya ShiVisual DQiang ZhangAs a transport tool for human mobility,automobiles consume energy every time

2、 they are in motion.The more energy it consumes,the higher the cost.In order to reduce usage cost,carmakers have spent lots of efforts to popularize new energy-saving technologies,and users can select products that offer the best economy based on their purchasing power and use case.This report defin

3、es desire for energy-saving as buyer preference on conversion efficiency and usage cost of various energy types such as gasoline,diesel,electricity,methanol and hydrogen during the purchase process;This report is mainly based on online research from TYRI(formerly YRI)with over 50,000 data samples in

4、 the first three quarters of 2024,and also references TengYi Big Data and TYRI offline research data.Desire for energy-saving:buyer preference on conversion efficiency and usage cost of various energy types such as gasoline,diesel,electricity,methanol and hydrogenDesire for Energy-Saving SchematicGa

5、solineHydrogenDesire for Energy-SavingMethanolDieselOthersElectricityEnergy ConsumptionUsage CostEnergy ConsumptionConversion EfficiencyOver the past two decades or so,gasoline was the primary form of propulsion energy for automobiles in China,though gas prices rose steadily during this period:from

6、just RMB2-3/L in 2000 to about RMB7-8/L in 2024 for#93/#92 octane gasoline.In theory the energy-saving consumption wave should have arrived China much earlier,but since Chinas car market had long been in an environment where demand outpaced supply,carmakers efforts to popularize energy-saving techno